Huawei posts a 5.6% increase in yearly profits in the US despite trade ban

Ever since the Chinese telecom giant Huawei was blacklisted by the US…

Tesla sales set to plummet after record-breaking 2019

COVID-19 has totally crippled humanity, both socially and economically. The world has…

Ola CEO forgoes annual salary, company to put in ₹20 crores (~$2.6M) to support driver partners

Ola, India’s biggest ride hailing platform, has come up with another plan…

US markets tank after historic 3-day recovery as country leaves behind China with over 93,000 COVID-19 cases

Stock markets across the US again tumbled on Friday morning, as the…

OYO warns partner hotels of disruption in payment cycle due to Coronavirus outbreak

It is no hidden truth, that the impact of ongoing COVID 19…

Ola seeks government relaxations for its drivers in the form of interest free loans and tax free ‘holiday’ periods

Ola, India’s biggest ride hailing service, wants the government to step in…

Amazon stops accepting cash as a mode of payment in India to prevent COVID 19 spread

Amazon, in an announcement on its website, has promulgated that it is…

Tesla’s New York gigafactory to reopen for ventilator production ‘as soon as humanly possible’, says Elon Musk

Elon Musk has confirmed that Tesla’s New York gigafactory would reopen soon…

Flipkart is resuming grocery services after government clarification on functioning of ecommerce during lockdown

Flipkart, after suspending all of its operations earlier, is set to resume delivery…

GSMA announces refund deal for MWC 2020, 100% remittance to attendees with similar benefits for exhibitors

Mobile World Congress 2020 was an early casualty of the COVID-19 pandemic.…

“Microsoft will get out of COVID-19 crisis ‘pretty strong’ “, assures CEO Satya Nadella

Even though coronavirus has most companies in the world on their knees,…

Flipkart suspends all operations, Amazon to only deliver essentials as India locks down

Two of India’s biggest ecommerce players are suspending most of their operations…

Apple suppliers suspend iPhone production in India amid lockdown

Largely along expected lines, Apple suppliers Foxconn and Wistron have suspended their…

The US Senate and White House agree on a $2 Trillion stimulus package to arrest sliding economy

The Trump administration and the United States senate have reached a deal…

Coronavirus results in increased user engagement on Facebook, but advertising revenue takes hit

In an investor guidance released by Facebook today, the company has warned…

Facebook to acquire stake in India’s Reliance Jio in a multi-billion dollar deal, reports FT

Tech giant Facebook could soon be a sizeable shareholder in Mukesh Ambani’s…

Twitter expects revenue loss for Q1 2020, but monetizable DAUs surge

Twitter, just like every other company in the world right now, is…

Chinese telecoms lost 21 million subscribers during pandemic

China, home to the world’s largest population, was hit by the coronavirus…

Apple not a trillion dollar company anymore as unprecedented Fed stimulus fails to arrest market slide

NASDAQ and other US indices continued to show sharp declines as a…

PhonePe will continue to pay contractual workers during mandatory Work From Home order

PhonePe, one of India’s leading payments apps, has announced that it will…